It is necessary to prepare your house for a quick sale when you need to sell your house fast. These tips will help you get a buyer for your house even in a depressed real estate market.
1) Price
Obviously, this is the first thing people see when they need to buy your house. If the price is lower than other similar houses in the neighborhood, your house will stand out in the market even before someone drives over to see it.
Your house will lose market appeal if it has been on the market more than 3 weeks.
Do not be emotionally attached to the price you set for your house. It is no longer important what you paid for it; what matters is how does the current price compare with similar houses in the neighborhood.
If you can price the house lower than similar houses in the area, go for it!
If you work with a Realtor, they might help you with the best pricing for your house. look at your home like a home buyer, instead of adopting a seller stance. What factors make it more appealing than other houses, location, size and other factors etc? If you were buying a house, would you buy this house instead of all the others?
2) Physical condition of the house
When you look at the house from the outside, what is the first impression you get? Does it look like it needs some work from the outside?
Once they walk through the door, are they met with a nice, smell and atmosphere? Would this be your dream house if you were looking for a house?
Avoid spending too much money fixing it up, or you might be unable to price it competitively.
If at all, most of the work should be simple clean up and minor touches.
3) What if have a high mortgage balance or it needs repairs?
Sometimes your mortgage balance might be too high or it needs repairs.
In such a case, it may be necessary to talk to real estate investors who buy and sell houses in your local market.
Real estate investors can buy your house even if it needs repairs, and sometimes even if your mortgage balance is too high to allow you to sell at a low price or traditional home buyers.
In most cases, most real estate investors will let you know if they can buy your house typically within 24 to 48 hours. They can handle most situations and discuss all numbers and terms with no obligations.
Clark Shephard is a real estate expert and real estate investor buying houses in Lexington Kentucky.
He has seen many people buy and sell their houses using creative techniques. To further expand your knowledge in real estate and how to sell your house fast, please visit http://www.sellbluegrassinvestmentproperties.com